5104 HSN Code: Garnetted wool stock

HSN Sub Chapter 5104 represents Garnetted wool stock under GST classification. This code helps businesses identify Garnetted wool stock correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 5104, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Garnetted wool stock.

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New GST Rate for HSN Code 5104

GST Rate for Garnetted wool stock under HSN Code 5104. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

51

HSN Code

HSN Description

Garnetted stock of wool or of fine or coarse animal hair

New GST Rate

0 %
Exempted

Old GST Rate

0 %

Tariff HSN Codes under HSN Sub Chapter 5104

Following tariff HSN codes fall under Garnetted wool stock.

Tariff HSN

Description

Garnetted stock of wool or of fine or coarse animal hair : Shoddy wool

Tariff HSN

Description

Garnetted stock of wool or of fine or coarse animal hair : Other

India’s Trade Performance — HSN Sub-Chapter 5104 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

< ₹1 Crore

−40.49% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−93.33% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #511 of 1233 subchapters

% of Chapter 51

FY 2024-25

0.08%

Share of Chapter 51’s total exports in FY 2024-25

Import side: 0.00% of Chapter 51’s imports

Rank Within Chapter 51

FY 2024-25

#10 of 13

Position by export value among subchapters in Chapter 51

Import-side rank: #12 of 13

At a glance

−13.34%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#1141

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+244.66%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.08%

Contribution to Ch. 51

Share of Chapter 51 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 5104

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #1103

Balance

+2.29

Exports

2.29 ₹ Cr

0.0001% share

YoY

0.16% of Ch. 51

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Ch. 51

FY 2019-20 Exp. Rank #1154

Balance

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−80.79% YoY

0.04% of Ch. 51

Imports

₹ Cr

share

YoY

of Ch. 51

FY 2020-21 Exp. Rank #1114

Balance

+1.06

Exports

1.26 ₹ Cr

0.0001% share

+186.36% YoY

0.19% of Ch. 51

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Ch. 51

FY 2021-22 Exp. Rank #1134

Balance

+1.03

Exports

1.03 ₹ Cr

0.0000% share

−18.25% YoY

0.10% of Ch. 51

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Ch. 51

FY 2022-23 Exp. Rank #1089

Balance

+3.51

Exports

3.55 ₹ Cr

0.0001% share

+244.66% YoY

0.26% of Ch. 51

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Ch. 51

FY 2023-24 Exp. Rank #1130

Balance

+1.48

Exports

1.63 ₹ Cr

0.0000% share

−54.08% YoY

0.12% of Ch. 51

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+275.00% YoY

0.01% of Ch. 51

FY 2024-25 Exp. Rank #1141

Balance

+0.96

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−40.49% YoY

0.08% of Ch. 51

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−93.33% YoY

0.00% of Ch. 51

CAGR · 7-Year

Exports

−13.34% /yr

Imports

Consistently Surplus
Chapter 51 total

reference, FY 2024-25

Export

₹1,142.39 Cr

Import

₹2,468.85 Cr

Trade Balance

−1,326.46

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Sub-Chapter 5104 Export-Import Analysis

Export Decline: −13.34% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 5104 have declined at a compound annual rate of −13.34% over 7 fiscal years, falling from ₹2.29 Crore in FY 2018-19 to ₹0.97 Crore in FY 2024-25.

HSN Sub-Chapter 5104 Ranked #1141 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 5104 ranks #1141 out of 1233 subchapters by total export value. Within Chapter 51, it ranks #10 of 13. By trade surplus, it ranks #511 of 1233.

FY 2022-23 Was the Strongest Growth Year for HSN Sub-Chapter 5104 Exports

The strongest single-year export movement for HSN Sub-Chapter 5104 was recorded in FY 2022-23, when exports surged by 244.66% over the prior year.

India Maintains a Trade Surplus of ₹0.96 Crore in HSN Sub-Chapter 5104 Goods

In FY 2024-25, India's exports of ₹0.97 Cr exceeded imports of ₹0.01 Cr, resulting in a trade surplus of ₹0.96 Crore — ranking #511 of 1233 by surplus magnitude.

HSN Sub-Chapter 5104 Contributes 0.08% of Chapter 51 Exports — Ranked #10

Among the 13 subchapters under Chapter 51, HSN Sub-Chapter 5104 ranks #10 by export value — accounting for 0.08% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #12).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 5104 and GST compliance.

What products are classified under HSN 5104

It includes Garnetted wool stock

Can reverse charge ever apply to transactions involving Garnetted wool stock?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Garnetted wool stock are forward charge. Check the current notifications for any special cases before deciding.

How do I bill a kit or combo that includes Garnetted wool stock?

Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.

What misclassification mistakes happen with Garnetted wool stock?

Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.

Does MRP, weight or pack size change GST treatment for Garnetted wool stock?

Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.

Any import/export nuance for Garnetted wool stock?

Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.

Do spares or accessories of Garnetted wool stock follow the same HSN?

Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.

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